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That was the most exciting 9 minutes I have had since I started investing! I have never seen so many shares trade hands in such a short time!
I am laughing so hard that my stomach hurts!!!
650 million Etelix (MSPC owns 51%) Indian Subcontinent subscribers ->
Under Note 16 – Subsequent Events
In March 2018, Etelix executed a network interconnection contract with Vodafone India. This contract gives Etelix access to the 212 million
subscribers of Vodafone in India, which complement that Etelix contracts already had in India, as Airtel (386 Million subscribers), Reliance
Communication (33 Million subscribers), and TATA Communications, will allow an Etelix to position itself as one of the most important
players in the Indian Subcontinent (India, Pakistan, Bangladesh, Nepal), having access to 650 million subscribers directly.
November 2017:Metrospaces Reaches Preliminary Agreement for Crowdfunded Mini-IPO for Etelix
NEW YORK, NY, Nov 09, 2017 (Marketwired via COMTEX) -- NEW YORK, NY--(Marketwired - Nov 9, 2017) - Metrospaces, Inc. (otc pink:MSPC) announces approval of preliminary agreement for Crowd funded Reg A Mini-IPO for majority held Etelix.
Mr. Oscar Brito, Company CFO, stated: "We have reached a preliminary agreement with Minivest (www.minivest.com) to do a Reg A mini-IPO for Etelix. We are very pleased with the revenue growth Etelix has continued to show through 2017 of approximately 100% over 2016. Although some steps still needed to be had, including regulatory hurdles, this funding would give Etelix enough financing for the construction of its first data center and potentially fuel growth higher than the current 100% YOY growth. Although the process is still preliminary, the goal is raise $2M in this IPO. This sort of financing will be very positive for Etelix and MSPC since it would be a straight common stock offering with a floor price and no price reset mechanism, thus giving Etelix sure footing on its financing. Minivest is a leading crowd funding mini-IPO platform. We have seen the success they have had with pre-revenue companies, so we are excited about the possibilities of this financing since Etelix is set to do over $7.5M in revenue and will be EBITDA positive for 2017. Although there is no exact timing for this financing, we are aiming at Q1 of 2018."
About Metrospaces
Metrospaces www.metrospaces.net is a publicly traded real estate investment and Development Company which acquires land, designs, builds, and develops then resells condominiums and Luxury High-End Hotels, principally in urban areas of Latin America. The company's current projects are located in Buenos Aires, Argentina and Miami, USA. It is operated by an elite group of real estate and investment professionals and entrepreneurs located in New York City, Miami and Buenos Aires. Company shareholders have extensive careers in real estate and business financing worldwide, and have funded projects both in the America's and across Europe valued in excess of US $550Million.
Metrospaces' majority shareholders has partnered with Investors on Elite properties including The London BLVGARI 5 Star Hotel, and is currently involved in negotiations for the development of several Elite luxury properties in South America.
Among Metrospace partners are Architects, Real Estate Developers, Agents and Attorneys of the highest standing, with extensive experience in the global property market.
Metrospaces was originally founded by company President Oscar Brito.
Relevant Links: http://metrospaces.net/
Safe Harbor Statement: Statements in this news release may be "forward-looking statements". Forward-looking statements include, but are not limited to, statements that express our intentions, beliefs, expectations, strategies, predictions or any other statements relating to our future activities or other future events or conditions. These statements are based on current expectations, estimates and projections about our business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may, and are likely to, differ materially from what is expressed or forecasted in forward-looking statements due to numerous factors. Any forward-looking statements speak only as of the date of this news release and Metrospaces Inc. undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this news release.
Metrospaces, Inc. Investor Relations: investors@metrospaces.net
? 2017 Nasdaq, Inc. All rights reserved.
I don't know if this is still on the table and it does not refer to increasing MSPC's ownership in Etelix, but maybe you are referring to this PR from November 2017:
Metrospaces Reaches Preliminary Agreement for Crowdfunded Mini-IPO for Etelix
NEW YORK, NY, Nov 09, 2017 (Marketwired via COMTEX) -- NEW YORK, NY--(Marketwired - Nov 9, 2017) - Metrospaces, Inc. (otc pink:MSPC) announces approval of preliminary agreement for Crowd funded Reg A Mini-IPO for majority held Etelix.
Mr. Oscar Brito, Company CFO, stated: "We have reached a preliminary agreement with Minivest (www.minivest.com) to do a Reg A mini-IPO for Etelix. We are very pleased with the revenue growth Etelix has continued to show through 2017 of approximately 100% over 2016. Although some steps still needed to be had, including regulatory hurdles, this funding would give Etelix enough financing for the construction of its first data center and potentially fuel growth higher than the current 100% YOY growth. Although the process is still preliminary, the goal is raise $2M in this IPO. This sort of financing will be very positive for Etelix and MSPC since it would be a straight common stock offering with a floor price and no price reset mechanism, thus giving Etelix sure footing on its financing. Minivest is a leading crowd funding mini-IPO platform. We have seen the success they have had with pre-revenue companies, so we are excited about the possibilities of this financing since Etelix is set to do over $7.5M in revenue and will be EBITDA positive for 2017. Although there is no exact timing for this financing, we are aiming at Q1 of 2018."
About Metrospaces
Metrospaces www.metrospaces.net is a publicly traded real estate investment and Development Company which acquires land, designs, builds, and develops then resells condominiums and Luxury High-End Hotels, principally in urban areas of Latin America. The company's current projects are located in Buenos Aires, Argentina and Miami, USA. It is operated by an elite group of real estate and investment professionals and entrepreneurs located in New York City, Miami and Buenos Aires. Company shareholders have extensive careers in real estate and business financing worldwide, and have funded projects both in the America's and across Europe valued in excess of US $550Million.
Metrospaces' majority shareholders has partnered with Investors on Elite properties including The London BLVGARI 5 Star Hotel, and is currently involved in negotiations for the development of several Elite luxury properties in South America.
Among Metrospace partners are Architects, Real Estate Developers, Agents and Attorneys of the highest standing, with extensive experience in the global property market.
Metrospaces was originally founded by company President Oscar Brito.
Relevant Links: http://metrospaces.net/
Safe Harbor Statement: Statements in this news release may be "forward-looking statements". Forward-looking statements include, but are not limited to, statements that express our intentions, beliefs, expectations, strategies, predictions or any other statements relating to our future activities or other future events or conditions. These statements are based on current expectations, estimates and projections about our business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may, and are likely to, differ materially from what is expressed or forecasted in forward-looking statements due to numerous factors. Any forward-looking statements speak only as of the date of this news release and Metrospaces Inc. undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this news release.
Metrospaces, Inc. Investor Relations: investors@metrospaces.net
? 2017 Nasdaq, Inc. All rights reserved.
It isn't a lie until what they said is proven false and they said they would file today, without providing a specific time. They still have the rest of the day.
Thank you for your reply
Why are we down 2 ticks off of such low volume being sold?!?
I agree with you that it seems like the only possible source for his statement.
I would hope not. That is far from pumping. Most of it is negative.
I noticed that your calculation is based on the $700,000 being annual revenue. The $700,000 being referred to in posts is the rounded down monthly revenue. I provide a portion of the PR below and the URL can be found immediately afterwards.
Etelix Announces Execution of Vodafone India Deal and 2018 Record February Revenue of $726,365
NEW YORK, NY, March 16, 2018 (GLOBE NEWSWIRE) -- Metrospaces, Inc. (OTC: MSPC) announces that Etelix increased February revenue by 13% over January.
Mr. Leandro Iglesias, Etelix CEO, stated: “Our business plan continues in frank execution with continued and notable revenue growth not just year-over-year but also month-over-month. Continued reinvestment from operation has been key in growing revenue and this is a trend that must continue in order to meet our mid-year estimates or $1 million in monthly revenue. February 2018 revenue closed at $726,365 in comparison to $644,147 in 2017. This represents an increase of approximately 13% year-over-year and an increase of also 13% month-over-month. Additionally, we signed Vodafone India into our carrier VoIP exchange business, setting the first step of a potentially multi-service relationship. Vodafone India has over 211 million retail subscribers interconnected to Etelix’s international VoIP exchange and value-added services. I will congratulate the rest of our management team for a great job as the company continues to meet its short, mid and long-term revenue and profit growth. The company foresees continue reinvestment of operating profits to continue to grow the business, as the company will continue to generate more revenue opportunities that it is able to finance with cash flow.”
insert-text-here
I have sent multiple and not had a single direct reply via email; while I have seen and read the replies sent to others here on IHUB. The chance of a direct response seems to be dependent on the questions asked in the email. I believe my emails were asking the same questions as many others, as they were answered in one of their recent PR's.
I am glad one of us made a smart move. I will try to put some away this time around. Time for another round!
Pitman is just a straight shooter that has had an eerily accurate track record with most of his/her predictions about MSPC. Pitman calls it like he/she sees it and I can appreciate that.
Pitman -> Oracle of MSPC
Pitman sounds like a last name, so I did not want to assume a gender.
Me too. Had 57.5 million. Played it wrong and now have 15 million with a couple of my other positions increased and the rest of my profits sitting in a cash sweep.
Best roller coaster ride I have ever been on!
Thank you for your response Sharpei
*withdrawing
When do the patents expire? I want to make another stock purchase, but I am basing it in a large part on the expiration date of the patents.
HCTI will be massive one day, but I believe that it will only reach a portion of its potential if the patents expire during HCTI's current growth.
This is not bashing, as I already have thousands invested here and have no interest in withdrawaling any of it.
I do not have time to dig through the patents right now, but I do have more funds to invest and only three companies I am interested in investing more in. Currently HCTI is easily tied in first place for my current consideration. I do understand the onus is mine, but would greatly appreciate any help.
Thank you Janice
What is a story stock? How do you find a story stock? Everything with MSPC seems very interesting. I would like to follow and watch these epic investor battles more often.
That is incredible DD, DD. Thank you!
3,789,941,887
I see copper and silver mentioned a lot. Is copper .01 (a penny) and silver .10 (a dime)?
Thanks to Freedomfighter123, "Chomp Chomp" has became a sort of rally cry for many on the board.
Chomp Chomp
100% Agreed
CHOMP CHOMP
Did you forget the 5 trading days before yesterday?
This -> "PR will not make it fly... you can mark my words.. only going current and updates of financials will.."
If they would become current on financials it could be very different, but it is hard to believe that they will.
This is from the 10Q filed at the end of October,
"As of October 20, 2017, there were 3,892,178,868 shares of the Registrant’s Common Stock outstanding."
Thank you, Sharpei; for all of the information, insights, and resources you have provided.
I did not know Gaco Western already has a patented isocyanate-free foam with an established customer base for its pre-isocyanate-free foam. Gaco Western is marketing it as the same as its established foam. It also plans to launch the isocyanate-free foam in 2018.
Does anyone readily know how HCTI's isocyanate-free foam is separated from the patent that Gaco Western owns?
HCTI has more than just the foam, but the foam can open a very large revenue stream for HCTI.
This is not attempted bashing, but something that I believe we as a community, having invested interest, could benefit from knowing.
Here is a portion of the article (of which part was also provided in Sharpei's recent post):
February 1, 2017 – Gaco Western shattered the spray foam isocyanate ceiling at SPFA this week with our new patented GacoCanary, the FIRST isocyanate-FREE spray foam.
GacoCanary will change the face of the spray foam industry, as Gaco delivers future generations of safer spray foam systems without isocyanate or sensitizing components.
Gaco’s isocyanate-FREE closed cell spray foam will provide the same benefits already enjoyed with our products:
Two-Part System
Same Sprayability and Equipment
One Pass Performance
Class 1 Burn Performance
Low Global Warming Potential Blowing Agents
“Gaco is committed to leading the march toward better worker and occupant safety and is proud to be the FIRST in our industry to have patented an isocyanate-free spray foam formula,” stated Dan Nelson, Vice President, Research & Development.
Link: Gaco Western Isocyanate-free Foam
Thank you for that beautiful summary Sharpei.
I may have unintentionally misled you regarding how long I have been following this board. I have been following it since second quarter of last year. The quality and quantity of the DD on this board was and has remained impressive. It easily surpasses every other discussion board I have read here. That being said, I only follow a little over a dozen boards here.
Regardless, thank you for the warm welcome!
I was the individual that purchased 10 million shares today and 6 million yesterday. I do not know anything at this time that the individuals on this board do not know or do not have access to. The 10 million I purchased today was also the last of my currently available excess funds, so further purchases prior to next year are very likely to be from a different entity.
I am posting this to avoid anyone believing this was anything other than an individual buying more shares in a company he sees as well worth the risk. I normally just read the boards without posting, but during my reading on different boards I have seen a lot of innacurate information and do not want to be the source of that, ever.
Update to Invalid Symbol. INVALID Symbol is now gone and it is showing up correctly.
MSPC - Invalid Symbol
...on my TDAmeritrade mobile app. Does anyone know why this might be? I cannot figure out why.
You took offense, but missed what I was referring to. Look at your post just prior to my "LMAO Clarke" comment. Go to just prior to the end of the third paragraph. The random line inserted about Molly and the prom is what I was laughing about. I thought you put it there to see if anyone was actually reading it.
LMAO Clarke:
...And, while Molly Ringwald may not have chosen to wear this shade to her prom...
Thank you DD